OAKLAND,
Md., Sept. 25, 2024 /PRNewswire/ -- First
United Corporation (NASDAQ: FUNC) announces that its Board of
Directors declared a cash dividend of $.22 per share that will be payable on
November 1, 2024, to holders of
record of the Corporation's common stock as of October 18, 2024.
About First United Corporation
First United Corporation is the parent company of First United
Bank & Trust, a Maryland trust
company with commercial banking powers. The Bank's wholly-owned
subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan
Center, LLC, both of which are finance companies, and First OREO
Trust and FUBT OREO I, LLC, both of which were formed for the
purposes of holding, servicing and disposing of the real estate
that the Bank acquires through foreclosure or by deed in lieu of
foreclosure. The Bank also owns 99.9% of the limited partnership
interests in Liberty Mews Limited Partnership, which was formed for
the purpose of acquiring, developing and operating low-income
housing units in Garrett County,
Maryland and a 99.9% non-voting membership interest in MCC
FUBT Fund, LC, an Ohio limited
liability company formed for the purpose of acquiring, developing
and operating low-income housing units in Allegany County, Maryland. The Corporation's
website is www.mybank.com.
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SOURCE First United Corporation
